CPH2 invests £1.5m in ATOME Energy

UK-based green hydrogen technology manufacturer CPH2 has today (December 13) announced it has invested £1.5m ($1.8m) in ATOME Energy.

It is hoped the investment in ATOME will accelerate the roll out of its projects in South America, while also seeing CPH2’s Membrane-Free Electrolysers (MFEs) entering the region.

H2 View understands CPH2 subscribed for 1,412,429 of new Ordinary Shares in ATOME at a price of 106.2 pence per share, totalling an investment of £1.5m as part of ATOME’s placing. The subscription is expected to be settled out of the company’s existing cash resources.

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